Bay Tree on Hutchinson Island September 2017 Real Estate Market Report
There is one active listing in Bay Tree on Hutchinson Island in Jensen Beach. This home has a list price of $435,000 which works out to $196.92 per sq. ft. of living area.
There are 2 homes in Bay Tree currently under contract. List prices were $335,000 and $345,000 for an average of $340,000 which is $201.23 per sq. ft. of living area. These two homes averaged 89 days on the market prior to going under contract.
In the past 12 months, 4 homes have sold in Bay Tree. Sales prices ranged from $310,000 up to $400,000 for an average sales price of $366,250 or $156.49 per sq. ft. of living area. These homes sold for an average of 90% of list price and were under contract within an average of 204 days on the market.
Directly across from the beautiful beaches of the Atlantic Ocean, Bay Tree is a wonderful gated community that is made up of 32 homes on Hutchinson Island in Jensen Beach. These newer homes are statuesque and spacious. Bay Tree is in a calm area of Jensen Beach but not too far away from all the excitement of the city or the rest of what the Treasure Coast has to offer. Orlando is only 2 hours away; while West Palm Beach is only 45 minutes away. The beaches have beautiful crystal blue water and soft sand. Enjoy all the advantages of Florida living in this wonderful friendly community!
Homes in Bay Tree were built from 1992 to 2002 and consist of 2 bedroom, two bathroom homes of just over 1,500 sq. ft. of living area up to a spacious 4 bedroom, 4 bathroom home with just under 4,000 sq. ft. of space under AC. This community has access to the beach at Waveland Beach Park directly across the street. And is now also equipped with a good sized day dock where boaters and fisherman can stop to pick up guests and supplies for the day.
The Bay Tree community is only just over 1.5 miles from the Jensen Beach Causeway and residents have easy and convenient access to downtown Jensen Beach with it’s restaurants and shopping. And, only 5 miles to the Stuart Causeway for additional options for shopping, entertainment and dining.
HOA fees are a very reasonable $850 per quarter which include maintenance and insurance of the common areas and community pol and day dock. This community allows rentals and is a pet friendly community with large dogs permitted.
For possible off market homes in Bay Tree, please contact the Gabe Sanders BlueWater realty team.
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